2. Learning Objectives
1. Explain what's holding up energy efficiency investments today.
2. Compare the various influences that impact energy efficiency
investments.
3. Define the approach owners use in assessing investment risk in
energy efficiency project.
4. Explain property assessed clean energy programs, how they work
and how to use them to finance energy efficiency projects.
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4. 4
LOCAL GOVERNMENT:
Form District Under State
PACE Legislation
LOCAL TRADES:
Utilize the Fund to
Market Projects
PROPERTY OWNERS:
Access the Fund to
Finance Projects
Form a Public Private Partnership
5. What are the mechanics of PACE?
Property Owners:
•Voluntary to participate
•Utility bills decrease due to energy and water savings
•Little or no upfront costs for upgrades
•Payments are low and fixed
Local Governments:
•Elect to participate
•Promotion of increased energy and water capacity to prospective
employers
•No risk to general fund
•Substantial progress in achieving water and energy consumption
reduction goals